Price Reduced 5.66%
Listing courtesy of Lipkin Audette Team, Coldwell Banker Hickok and Boardman Phone: 802-846-8800
Price History
$1,325,000
4/7/2026
$1,250,000
5/14/2026
198-200 King Street, Burlington, VT, 05401
9 beds
6 Full baths
1915
Multi-Family
4,773 sqft
Well-located, 6-unit, brick multi-family property just moments from the Church Street Marketplace, with immediate access to downtown Burlington's coveted retail, dining, and employment hubs. The desirable apartment mix includes five 1-bedroom apartments and one 4-bedroom unit, offering flexibility across tenant profiles and strong rental demand! Recent capital improvements include updated electrical systems with separate panels for each unit. Tenants pay their own heat and electricity for low owner's operating expenses. Additional features include front and rear porches, a large full basement for storage, and a current Certificate of Occupancy from the City valid through 2031. A centrally located, turn-key multi-family with long-term potential in Burlington's core rental market.
Status:
Active
Type:
Multi-family
Units:
6
Zoning:
RH
Heating:
Natural Gas, Space Heater
Cooling:
None
Basement:
Unfinished
Acreage:
0.08
Est. Taxes:
$12,313
Lot Description:
City Lot
MLS #:
5082429